The Centre must suggest steps to make PPAs more acceptable to states that are reluctant to raise clean power off-take
In February, Prime Minister Narendra Modi announced the scheme, which aims to light up one crore households by installing rooftop solar equipment and providing up to 300 units of free electricity every month.
Peak demand in the northern grid on June 17 caused a partial outage in some parts and triggered concerns over the possibility of tripping the national grid
Smart meters, efficient discoms key to round-the-clock electricity supply
Tata Power-DDL is presently in the process of implementing a program called 'Capacity building training program for Power Discoms' aimed at promoting best practices in the area of underground cable accessories, electrical insulation enhancement solutions and personal safety-related solutions for power discoms across the country
According to industry data, in June last year, dues of power distribution companies' (DISCOMs) stood at Rs 1.39 lakh crore when the LPS scheme was launched
The crucial fact missing in all the backslapping on investments in the power sector is that investments need to integrate from generation to transmission and distribution
With top-down reform from the Centre having only limited impact and given the political realities, the evolving model of state-led discom privatisation should be studied, improved, and adopted more broadly across India. Voters have shown more acceptance of recent models: Managing consumers and employee unions is key
Collective effort is needed to ensure a seamless transition towards an economically viable and environmentally sustainable power sector
The electricity generation through hydroelectric power last month increased by 5.94 per cent to 9,132 MU, over 8,620 MU in the year-ago period.
The peak power demand met was 155.32 GW in November 2019, which was the pre-pandemic period.
The proposed legislation is meant to plug the gaps left open and discovered post- the Electricity Act of 2003.
Reportedly, besides these current dues, the power distribution utilities have accumulated outstanding dues of over ₹1 lakh crore, which is being settled as per a plan formulated by the Centre.
Industry sources told Moneycontrol that at least two of these states have made payments and may be allowed to trade soon.
Electricity Amendment Bill can plug leaks in power distribution but, above all, states must stop using electricity as a political tool and take steps to nurse discoms back to health
A mistake repeated more than once is a choice. Policymakers have to decide whether they can keep repeating the past or is it time to choose big bold reforms to save the power sector and taxpayers’ money.
According to discom officials, peak electricity consumption in the national capital reached 7,334 MW on Wednesday afternoon, the highest level ever in June, due to increased usage of cooling equipment to combat the extreme heat.
The ministry is hopeful that the new scheme would provide the much-needed liquidity to the power generating companies, and the measures being planned will ensure that discoms pay their dues regularly.
In this fifth story of the edition, we analyse and break down for you trends to watch out for over the immediate to medium-term that may have a bearing on your electricity bills
The government should come up with focused measures to plug loopholes that plague the entire electricity value chain
Turning the distribution business around should be the core priority of policymakers. Till that happens, power shortages will remain a recurring problem and not an aberration.
More states are willing to reform the power sector, but it has to be a sustained effort going beyond the tenure of the new central scheme
The rating to the discoms will be similar to corporate ratings given to the borrower, and will indicate their ability to service debt.
To achieve net zero by 2070, India’s total installed solar power capacity would need to increase to over 5,600 GW , usage of coal would need to drop by 99 percent by 2060, and consumption of crude oil would need to peak by 2050 and fall by 90 percent between 2050 and 2070.
Troubles at its gas power plants notwithstanding, Torrent Power persisted with building electricity distribution business, helping it grow earnings